Inter & Co Reports Robust Growth and Profit Surge
Company Announcements

Inter & Co Reports Robust Growth and Profit Surge

Inter & Company Incorporation Class A (INTR) has released an update.

Inter & Co, Inc., a holding company in the Cayman Islands, reported a striking 372.8% increase in profits reaching R$417.9 million and a 10.3% growth in total assets to R$66.6 billion for the first half of 2024. Customer base grew to 33.3 million, with a significant engagement increase, while loan operations jumped by 10.7% to R$33.0 billion. The company’s revenues saw a substantial rise to R$2,879.5 million, underscoring their robust financial performance and expanding market presence.

For further insights into INTR stock, check out TipRanks’ Stock Analysis page.

Related Articles
GlobeNewswireInter&Co Inc. Reports Record Profit in Q2, Advances 60/30/30 Plan
TheFlyInter&Co reports Q2 revenue R2.4B, 24% growth compared to last year
TipRanks Auto-Generated NewsdeskInter & Co Reports Strong Q2 Growth and Expansion
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!